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Construction costs up 0.6 per cent
statistikk
2008-09-11T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
bkibol, Construction cost index for residential buildings, construction costs, labour costs, material costs, detached houses, residential buildings, type of work (for example electrical, plumbing, groundwork), types of material (for example concrete, reinforced steel, timber)Dwelling and housing conditions , Construction , Construction cost indices, Construction, housing and property, Prices and price indices
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Construction cost index for residential buildings, August 2008

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Construction costs up 0.6 per cent

The construction costs of residential buildings increased by 0.6 per cent from July to August this year. Wage statistics for the second quarter of 2008 are included in the construction costs, and are the main reason for the cost increase.

Construction cost index for residential buildings. Percentage change from the same month one year before

Construction cost index for residential buildings. Material indices for timber, concrete and steel. 2005=100

The labour cost rose by 1.3 per cent from July to August this year, while the material costs increased by 0.1 per cent in the same period.

The construction costs of detached houses of wood and multi-dwelling houses increased by 0.6 and 0.8 per cent respectively from July to August this year. The material costs of detached houses of wood remained unchanged, while multi-dwelling houses rose by 0.2 per cent in the same period.

From August last year to August the construction costs of residential buildings increased by 5.7 per cent, while the material costs rose by 4.4 per cent in the same period. The total construction costs of detached houses of wood increased by 5.1 per cent, while multi-dwelling rose by 6.6 per cent.

Construction cost index for residential buildings. 2000=100
 
 August 2008Change in per cent
 July 2008-August 2008August 2007-August 2008
 
Residential buildings 1 140.70.65.7
Residential buildings, labour cost 143.81.36.1
Residential buildings, materials 141.90.14.4
    
Detached houses of wood 140.50.65.1
Detached houses of wood, materials 140.40.03.5
Detached houses of wood, other building work 140.00.54.4
Detached houses of wood, other building work, materials 139.3-0.13.0
    
Multi-dwelling houses 143.00.86.6
Multi-dwelling houses, materials 148.40.25.9
 
1  Construction cost index for residential buildings is weighted by index for detached houses of wood and index for multi-dwelling houses.

Material indices for timber, concrete and steel

The material indices for timber, concrete and steel are available in a separate table . These are materials with a low degree of processing and therefore sensitive to fluctuation in the prices of raw materials. The representative goods and their mutual weights are taken from the construction cost index for residential building. Together, these groups of materials have a weight of 13 per cent in the total material cost index for residential buildings.

 

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